Thursday, December 18, 2008

Economic Madness and other News of the Day

Chrysler announces that it will temporarily shut down its production plants for a month. Those plants employ an estimated 46,000 Americans. Right in time for Christmas!

Obama names three financial regulators. As many of you know, I'm not a big government oversight guy. I think that free enterprise needs to be maintained in a free, capitalistic country. However, I also believe that in order for capitalism to work, both the buyer and the seller need to benefit. For the last few years, the sellers have disproportionately gained while the buyers have suffered.

Speaking of abuses in the oil/gas industry, the speculators are at it again. Of course, most Americans have been loving the lower gas prices. However, the prices are starting to inch their way up again. At the same time, oil is at its lowest point since 2004.

The Illinois Supreme Court denies attempts by the state Legislature to remove their tainted Governor.

The country is seeing high levels of snowfall. Of course, all of this proves global warming.....Hmmm, wait a minute. If the earth is warming like they say, wouldn't this be reflected on the actual thermometers? That's funny, all along I thought that global warming would make "the globe" warm.

136 people apply for 3 open jobs in a landfill that pay less than $10/hour. Some folks were even on their knees begging to be hired. Meanwhile Wilmington, OH will soon lay off more than half of its entire population. Yeah, this is still America.

Breaking news from 1964: NAACP finds networks lagging in diversity.

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